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April 30, 2020
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Arbitration is an informal hearing in front of a neutral third party or panel, the arbitrator(s), who discovers the facts of the dispute through testimony and evidence and then renders a final determination of the dispute, called an arbitration award.
AEs can use this document to learn about the NAR Dues Collection policy including due dates, late fees, and delinquent procedures.
The "Board of Choice" concept allows REALTORS® to choose the board to which they want to belong on the basis of the factors they decide are most important, rather than being limited by office location or jurisdictional boundaries.
NAR offers a number of resources about the membership policy concerning Board of Choice.
Member records are updated on the M1 system, NAR's Internet-based database.